1805 E Overland Rd. Building 35 Rd, Meridian, ID 83642
About this home
A turnkey investment opportunity in one of Southeast Meridian's most in-demand rental corridors. This well-maintained fourplex sits within the established Sagecrest community, offering steady rental demand thanks to its prime location just minutes from I-84, Eagle Road, and the shopping, dining, and entertainment hubs of South Meridian. Each unit is designed for tenant appeal and low turnover, featuring functional split floor plans, full-size side-by-side washer/dryer, dishwasher, microwave, refrigerator, central air conditioning, and a private patio or balcony with extra storage. Sagecrest community's shared amenities include a fully furnished clubhouse available for resident events, a seasonal pool, 24-hour fitness center, and playground. Meridian's continued population growth and easy freeway access drive expanded demand. This fourplex presents a compelling opportunity for investors seeking reliable cash flow and long-term appreciation in a growing Treasure Valley. Building 40 is also listed for sale.
Southeast Meridian, located between Downtown Meridian and Kuna, is a suburban and master-planned Meridian neighborhood with broad arterial boulevards and pocket parks. The neighborhood’s energy concentrates around the Eagle Road and Overland Road crossroads, where big-box retail, coffee counters, and busy parking lots set a brisk, errands-first rhythm. Subdivisions of late-20th-century and newer homes line curving streets with sidewalks and landscaped entries. The Village at Meridian adds an open-air main-street feel with fountains and evening foot traffic. Julius M. Kleiner Memorial Park and the Meridian Library District’s Orchard Park Branch anchor quieter blocks with lawns, paths, and reading rooms. Settlers Park frames the area with sports fields and a long greenbelt-style loop.
Provided by Walk Score and Local Logic
Market insights
1805 E Overland Rd. Building 35 Rd · $950,000
DAYS ON MARKET
21 days
The average home goes pending in 38 days.
SALE-TO-LIST
99.5%
Most homes are selling 1% below list price.
LIST PRICE
$950,000
Median sale price in this area is $588,071. (38% lower than this home)
PRICE DROP
0 price drops
26% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Interior features
Quadruplex layout with 4 separate units
All units include garbage disposal, stove/range, and refrigerator
Bedrooms
Total of 8 bedrooms across the building
Bathrooms
4 bathrooms total
Kitchen
Stove/Range in all units
Refrigerator in all units
Disposal in all units
Laundry & utility
Washer/dryer hookups in all units
Washer/Dryer provided in all units
Heating & cooling
Forced air heating powered by natural gas
Central air conditioning serving all units
Exterior features
Small lot with sidewalks
Sagecrest subdivision
Home design
Quadruplex property
Built in 2005
Parking
4 total parking spaces
Construction
Frame and stucco construction
Composition roof
Utilities
City water service
Sewer connected
Electric meters: separate meters for Unit 1, Unit 2, Unit 3, and Unit 4
Gas meters: separate meters for Unit 1, Unit 2, Unit 3, and Unit 4
HOA & community
Association fee of $300 per month
Other
Zoning: L-O
Current use listed as 2-4 units
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 1805 E Overland Rd. Building 35 Rd
Sale History
Tax History
Date
Event
Price
IMLS #98995226
Aug 27, 2026
Pending
—
Aug 7, 2026
Listed
$950,000
$281/sq ft
Public Records
Jan 23, 2012
Sold
—
Public Records
Mar 18, 2011
Sold
—
Public Records
Aug 23, 2007
Sold
—
Public Records
Dec 14, 2006
Sold
—
Year
Property tax
Land + Additions
Assessment*
2025
$4,008 (−1.4%)
$278,900 + $520,900
$799,800
2024
$4,066 (−21.0%)
$267,200 + $622,200
$889,400
2023
$5,147 (+11.4%)
$220,000 + $596,800
$816,800
2022
$4,620 (−4.6%)
$220,000 + $737,600
$957,600
2021
$4,841 (+5.8%)
$220,000 + $650,300
$870,300
2020
$4,577 (−22.8%)
$150,000 + $532,100
$682,100
2019
$5,930 (+17.0%)
$114,200 + $434,900
$549,100
2018
$5,069 (+5.0%)
$99,000 + $449,300
$548,300
2017
$4,829 (+4.9%)
$80,000 + $354,200
$434,200
2016
$4,603 (+3.9%)
$66,000 + $325,400
$391,400
2015
$4,429 (+11.9%)
$65,000 + $293,800
$358,800
2014
$3,958
$54,600 + $242,900
$297,500
Public record
Public record
Zoning
Beds
8
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
4,269 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
3,380
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,380
Year built
2005
Style
Single Family Residential
County
Ada County
APN
R7689250470
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
L-O
Limited Office District
The purpose of the commercial districts is to provide for the retail and service needs of the community in accordance with the Meridian Comprehensive Plan. The following districts are designated which differ in the size and scale of commercial structures accommodated in the district, the scale and mix of allowed commercial uses, and the location of the district in proximity to streets and highways.